Economy

Economy
4

UK Pound Struggles as Economic Data Weighs

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UK pound is struggling today, barely etching out gains against major currencies. The latest services output data disappointed analysts today, showing a drop instead of an increase. Concerns about the UK economy are on the rise now, thanks to this latest data.


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11 weeks 2 days ago – Made popular 8 weeks 1 day ago
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4

US Dollar Index Pulls Back After Jobs Data

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Earlier, the US dollar index had been higher, in anticipation of December’s jobs data. However, when the nonfarm payrolls report was released, it was rather disappointing and the greenback immediately began losing ground.


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11 weeks 2 days ago – Made popular 8 weeks 1 day ago
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4

Has the Japanese Yen Reached a Bottom?

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There is some speculation that the Japanese yen might have reached a bottom. The yen is currently trading higher against its major counterparts today.


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11 weeks 2 days ago – Made popular 8 weeks 1 day ago
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6

UK Pound Gains Ground Even After Data Disappointment

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The latest GDP reading from the United Kingdom indicates that growth is moving at a slower rate than expected, and that is having an impact on the sterling.


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11 weeks 3 days ago – Made popular 11 weeks 2 days ago
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5

Loonie Lower as Canada Enters the Depreciation Fray

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Over the past few years, a number of currencies have done what they can to weaken a bit in order to stimulate economies and gain an edge in global trading. Now it appears that Canada is ready to play that game, and the loonie is lower as a result.


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11 weeks 4 days ago – Made popular 11 weeks 3 days ago
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5

US Dollar Gains Ground Following Economic Data

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Is the US dollar getting ready for a revival? With a recovering economy, the United States looks poised to surge ahead of other economies, and the greenback is reclaiming its strength as a premier world currency.


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11 weeks 4 days ago – Made popular 11 weeks 3 days ago
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4

Euro Pulls Back After Earlier Success

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Euro is pulling back today after earlier success against its major counterparts. Even though business confidence rose in Germany, there are enough problems elsewhere in the eurozone that the 18-nation currency is being bogged down today.


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11 weeks 4 days ago – Made popular 11 weeks 1 day ago
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Dollar Index Rises on Global Uncertainty

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Global uncertainty is playing its part in gains for the US dollar index today. Safe haven demand is strong for the greenback, and the currency is gaining ground against some of its major counterparts.


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11 weeks 4 days ago – Made popular 11 weeks 1 day ago
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7

US Dollar Heads Higher as Risk Aversion Sets In

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US dollar is heading higher today, thanks in large part to the fact that risk aversion is setting in. Stock markets around the world are falling, and there are global economic concerns with the latest news out of China.


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12 weeks 5 hours ago – Made popular 11 weeks 4 days ago
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5

Risk Appetite Flees and Euro Struggles

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There has been some good news out of the eurozone, with Ireland and Spain exiting their bailouts, but there are still plenty of troubles and the European economic recovery may be far from certain.


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12 weeks 5 hours ago – Made popular 11 weeks 3 days ago
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